-
Gold Price Forecast – Collapsing Gold Price Targets $3,500 in November
The Gold Cycle Indicator remains maxed out at 450, noting extreme overbought conditions. In this report, I present the worst-case scenario with targets for metals and miners, assuming they follow the 2006 playbook. During the 2006 blow-off top, gold prices jumped 36% in two months, only to retrace almost all of those gains in just over a month. If a similar pattern unfolds now, gold could correct back toward $3,500 by late November. Note how prices precisely tagged the 200-day MA. Gold surged 32% in just two months, and if the 2006 pattern repeats, we could be on the verge of a sharp pullback toward the 200-day ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From youtube.com/cmegroup|Oct 21, 2025December Gold futures saw their biggest one-day percentage move to the downside in more than a decade, dropping over $300 from the high to the low of the day. The December ...
From goldmansachs.com|Oct 21, 2025A prolonged slowdown in US housing supply has made it increasingly difficult to afford a home, according to Goldman Sachs Research. Restrictive land use regulations are the most ...
From invezz.com|Oct 21, 2025What happens when the factories that are powering Europe’s biggest economy start shrinking? When an export-based economy stops exporting? The continent’s manufacturing engine is ...
-
- Newer Stories
From customs.go.jp|Oct 21, 2025table
From cepr.org|Oct 21, 2025Classifying loans as fixed-rate or floating-rate fails to fully capture their distinct sensitivity to changes in ECB policy rates. This column analyses the maturity of the ...
From think.ing.com|Oct 21, 2025Whilst we do see some movement at the front end of the euro curve, we expect the current pricing to remain relatively sticky until at least mid-2026. Markets imply a probability ...
- Story Stats
- Oct 21, 2025 6:30pm Posted byTechnical Analysis461
